Aqva Terra: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Aqva Terra
Largest movements
- Receivables within one year +€26,000
up €26,000 (+260%), from €10,000 to €36,000
- Cash -€12,469
down €12,469 (-12.7%), from €98,426 to €85,956
mainly Contributions, distributions and other (-€135,169) and Receivables within one year (-€26,000)
- Tangible fixed assets +€2,346
up €2,346 (+50.4%), from €4,659 to €7,005
of which Furniture and vehicles: +€3,903
- Other debts +€26,745
up €26,745 (+32.3%), from €82,911 to €109,656
- Contributions -€18,500
down €18,500 (-99.5%), from €18,600 to €100
- Tax, wage and social debts +€7,023
up €7,023 (+56.6%), from €12,401 to €19,424
- Gross operating margin +€46,488
up €46,488 (+42.6%), from €109,183 to €155,670
- Taxes +€11,048
up €11,048 (+48.7%), from €22,679 to €33,726
- Other operating charges +€1,712
up €1,712 (+339%), from €505 to €2,217
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,794 | €132,112 | +€16,318 | +14.1% |
| Fixed assets | 21/28 | €4,659 | €7,005 | +€2,346 | +50.4% |
| Tangible fixed assets | 22/27 | €4,659 | €7,005 | +€2,346 | +50.4% |
| Plant, machinery and equipment | 23 | €2,961 | €1,404 | -€1,557 | -52.6% |
| Furniture and vehicles | 24 | €1,697 | €5,601 | +€3,903 | +230% |
| Current assets | 29/58 | €111,136 | €125,107 | +€13,971 | +12.6% |
| Amounts receivable within one year | 40/41 | €10,000 | €36,000 | +€26,000 | +260% |
| Trade receivables | 40 | €10,000 | €36,000 | +€26,000 | +260% |
| Cash at bank and in hand | 54/58 | €98,426 | €85,956 | -€12,469 | -12.7% |
| Deferred charges and accrued income | 490/1 | €2,710 | €3,151 | +€441 | +16.3% |
| Total equity and liabilities | 10/49 | €115,794 | €132,112 | +€16,318 | +14.1% |
| Equity | 10/15 | €18,600 | €100 | -€18,500 | -99.5% |
| Contributions | 10/11 | €18,600 | €100 | -€18,500 | -99.5% |
| Amounts payable | 17/49 | €97,194 | €132,012 | +€34,818 | +35.8% |
| Amounts payable within one year | 42/48 | €97,194 | €132,012 | +€34,818 | +35.8% |
| Trade debts | 44 | €1,883 | €2,933 | +€1,050 | +55.8% |
| Suppliers | 440/4 | €1,883 | €2,933 | +€1,050 | +55.8% |
| Taxes, remuneration and social security | 45 | €12,401 | €19,424 | +€7,023 | +56.6% |
| Taxes | 450/3 | €12,401 | €19,424 | +€7,023 | +56.6% |
| Other amounts payable | 47/48 | €82,911 | €109,656 | +€26,745 | +32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,423 | €2,432 | +€9 | +0.4% |
| Other operating charges | 640/8 | €505 | €2,217 | +€1,712 | +339% |
| Gross operating margin | 9900 | €109,183 | €155,670 | +€46,488 | +42.6% |
| Operating profit (loss) | 9901 | €106,254 | €151,021 | +€44,767 | +42.1% |
| Financial income | 75/76B | €101 | €494 | +€393 | +390% |
| Recurring financial income | 75 | €101 | €494 | +€393 | +390% |
| Financial charges | 65/66B | €766 | €1,120 | +€354 | +46.2% |
| Recurring financial charges | 65 | €766 | €1,120 | +€354 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | €105,589 | €150,395 | +€44,806 | +42.4% |
| Income taxes | 67/77 | €22,679 | €33,726 | +€11,048 | +48.7% |
| Profit (loss) for the period | 9904 | €82,911 | €116,669 | +€33,758 | +40.7% |
| Profit (loss) for the period to be appropriated | 9905 | €82,911 | €116,669 | +€33,758 | +40.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.